Chief Financial Officer (CFO)

Brevard Physician Associates•Melbourne, FL

1d•Onsite

About The Position

Brevard Physician Associates (BPA) is a premier, privately owned multi-specialty physician group providing hospital-based services in Anesthesia, Emergency Medicine, Diagnostic Radiology, and Interventional Radiology throughout Brevard County Florida. This role requires a seasoned healthcare financial executive with a proven track record of navigating complex revenue cycles, managed care negotiations, and physician-led governance. As an accomplished financial architect, the CFO will skillfully navigate the intricacies of healthcare contracting and partnership nuances, serving as a strategic partner to the CEO and Board of Directors to ensure long-term fiscal health and transparency for our physician-shareholders.

Requirements

MBA/MHA in Finance or Accounting required
12+ years of progressive financial leadership, specifically within a physician-owned group, or hospital-based medical group.
Mastery of healthcare subsidy modeling, managed care negotiation, and partnership-style (PLLC) financial structures.
Experience with enterprise-level financial platforms and HRIS/Payroll systems (e.g., UKG Pro).

Nice To Haves

active CPA license highly desirable

Responsibilities

Utilize the financial data provided by the Finance Team to build multi-year growth strategies and capital allocation models.
Serve as the lead financial advisor in stipend and subsidy negotiations, ensuring coverage agreements are pro-actively modeled for maximum viability.
Identify and model financial support needs and opportunities for service line expansion or joint ventures.
Lead enterprise capital allocation strategy, including evaluation of ROI for growth initiatives, staffing models, technology investments, and service line expansion.
Ensure investment decisions align with long-term physician shareholder value and risk tolerance.
Lead the strategy and contract negotiations with billing vendors.
Lead the strategy for Managed Care contracting, leveraging billing trends to secure favorable reimbursement rates and payer mix optimization.
High-level monitoring of legislative impacts (e.g., No Surprises Act and annual Medicare cuts) on the group's revenue.
Design and refine specialized physician compensation models to ensure they drive clinical performance while maintaining FMV compliance.
Oversee the strategic management of partner distributions and equity buy-in/buy-out structures.
Act as the primary fiduciary for BPA’s 401(k) Plan, ensuring ERISA compliance and optimal plan design.
Collaborate with HR to ensure the overall cost of health and welfare benefits is sustainable and competitive.
Act as BPA’s primary financial representative to banks, auditors, legal counsel, benefit advisors, and other external partners.
Lead negotiations and relationship management with external financial stakeholders as required.
Provide mentorship and executive guidance to the Controller and the internal accounting/payroll team.
Serve as the lead financial representative at Board meetings and Finance Committee meetings, translating tactical data into strategic narratives for physician-owners.
Maintain oversight of BPA’s balance sheet, liquidity position, and reserves to ensure financial resilience under varying subsidy, reimbursement, and staffing scenarios.
Develop downside, stress-test, and contingency financial models to support executive and Board decision-making.
Ensure strong internal financial controls, audit readiness, and compliance with applicable healthcare, tax, and regulatory requirements.
Oversee the integrity, accuracy, and alignment of financial data across accounting, RCM, payroll, and operational systems.
Drive the development of financial dashboards, KPIs, and forecasting tools that support timely, data-driven executive and physician-owner decisions.
Lead selection, implementation, and optimization of enterprise financial systems as needed.